15040 Kings Hwy
Drakes Branch, VA 23937
3 bd 2 ba 1,877 sqft Built 2006 Lot 426,888 sqft single_family
Most recent sale
$242,000
Apr 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 26, 2022 | Sold | $242,000 | MLS #2204750 |
| Mar 5, 2022 | Listed | $225,000 | MLS #2204750 |
| Dec 23, 2019 | Sold | $175,000 | Public Record |
| Sep 17, 2015 | Listing removed | $189,900 | CVRMLS |
| Sep 3, 2015 | Relisted | $189,900 | MLS #1506915 |
| Sep 2, 2015 | Listing removed | $189,900 | CVRMLS |
| Mar 19, 2015 | Listing removed | $189,900 | Farmville |
| Mar 16, 2015 | Listed | $189,900 | MLS #36221 |
| Mar 9, 2015 | Listing removed | $190,000 | Farmville |
| Mar 2, 2015 | Price changed | $190,000 | MLS #35596 |
| Jan 12, 2015 | Price changed | $197,000 | MLS #35596 |
| Oct 7, 2014 | Listed | $199,900 | MLS #35596 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $255,583 | $43,741 | $299,324 | $1,227 |
| 2024 | $255,583 | $43,741 | $299,324 | $1,158 |
| 2023 | $156,177 | $30,645 | $186,822 | $1,158 |
| 2022 | $156,177 | $30,645 | $186,822 | $1,100 |
| 2021 | $156,177 | $30,645 | $186,822 | $1,158 |
| 2020 | $156,177 | $30,645 | $186,822 | $1,158 |
| 2019 | $138,302 | $30,045 | $168,347 | $1,044 |
| 2018 | $128,759 | $27,202 | $155,961 | $827 |
| 2017 | $128,759 | $27,202 | $155,961 | $827 |
| 2016 | $128,759 | $27,202 | $155,961 | $827 |
| 2015 | $128,759 | $27,202 | $155,961 | $827 |
| 2014 | $128,759 | $27,202 | $155,961 | $749 |
| 2012 | $131,200 | $27,000 | $158,200 | $664 |
| 2011 | $131,200 | $27,000 | $158,200 | $664 |
| 2009 | $131,200 | $27,000 | $158,200 | $664 |
| 2008 | $131,200 | $27,000 | $158,200 | $664 |
| 2007 | $131,200 | $27,000 | $158,200 | $664 |
| 2004 | $2,000 | $15,100 | $17,100 | $106 |
Property facts
Year built
2006
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,877 sqft
Lot size
426,888 sqft
ZIP code
23937
City
Drakes Branch
Street
Kings Hwy
Coordinates
36.89029, -78.55051
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,816
Gross rental yield
13.96%
Implied cap rate
9.08%
Trend-extrapolated value
—
Frequently asked questions
When did 15040 Kings Hwy last sell?
15040 Kings Hwy most recently sold on Apr 26, 2022 for $242,000.
What is the current tax assessment for 15040 Kings Hwy?
The most recent total assessment for 15040 Kings Hwy (year 2025) is $299,324 with $1,227 in property tax.
How does 15040 Kings Hwy's assessment compare to its last sale price?
The current assessment is 23.7% above the last sale price of $242,000.
When was 15040 Kings Hwy built?
15040 Kings Hwy was built in 2006.
How does 15040 Kings Hwy compare to others on Kings Hwy?
We track 8 other properties on Kings Hwy. Browse the list under "Other properties on Kings Hwy" to compare beds, baths, and sale history.
What are the property facts for 15040 Kings Hwy?
15040 Kings Hwy is a 3 bed, 2 bath, 1,877 sqft, 426,888 sqft lot single_family.
Is 15040 Kings Hwy a flip candidate?
No — 15040 Kings Hwy does not appear in our flips dataset.
Is 15040 Kings Hwy a tax-appeal candidate?
Yes — 15040 Kings Hwy appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.6%
2026 Q1
$236.5K
2026 Q2
$232.8K
ZIP 23937 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Kings Hwy